Econet Wireless Zimbabwe Ltd - Company Profile
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Econet Wireless Zimbabwe Ltd (Econet) provides fully converged telecommunications, media, digital and technology services. The company offers mobile internet and data access, interconnect and roaming, tariffs, value-added services, and mobile money and payment solutions. Its product portfolio consists of voice, data, SMS, IoT and A2P, music and entertainment, gaming, YoMix, YoPlay airtime credit services, interconnect, and roaming. Econet provides services through brands such as Buddie, BuddieBeatz, YoMix, YoPlay, Connected Lifestyle, Bidbuddie, Omni Contact, and Higherlife Foundation. Econet sells its goods like handsets, equipment, related accessories, and other goods through dealers and directly to customers through their retail outlets. Econet is headquartered in Msasa, Harare, Zimbabwe.
Headquarters
Zimbabwe
Address
No. 2 Old Mutare Road, Msasa, Econet Park, Harare
Website
www.econet.co.zw
Telephone
263 242 486121
No of Employees
1,023
Industry
Technology and Communications
Revenue (2025)
$61.4M
Econet Wireless Zimbabwe Ltd premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| 5G | Buddie |
| Digital Lifestyle Network | Yo Mix |
| Content (Value Added Services) | Buddie Beatz |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced plans to acquire six non-bank assets of EcoCash Holdings Zimbabwe Limited. |
| 2022 | Corporate Changes/Expansions | In May, the company expanded its 5G network in Zimbabwe to the southern region of Bulawayo. |
| 2022 | New Products/Services | In February, the company and Mascom announced 5G launches. |
Competitor Comparison
| Key Parameters | Econet Wireless Zimbabwe Ltd | Singapore Telecommunications Ltd | Allwin Telecommunication Co., Ltd. | Ethio Telecom | NetOne Cellular Private Limited |
|---|---|---|---|---|---|
| Headquarters | Zimbabwe | Singapore | China | Ethiopia | Zimbabwe |
| City | Harare | Singapore City | Shenyang | Addis Ababa | Harare |
| State/Province | - | - | Liaoning | Adis Abeba Astedader | - |
| No. of Employees | 1,023 | 23,175 | 110 | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Roy Chimanikire | Director; Director - Finance; Deputy Chief Executive Officer | Executive Board | 2020 | - |
| James Myers | Chairman | Non Executive Board | - | - |
| Douglas Mboweni | Director; Chief Executive Officer | Executive Board | 2003 | - |
| Hardy Pemhiwa | Managing Director - Econet Global Limited; Director | Executive Board | - | - |
| Chengeto L Moyo | Director; Director - Finance | Executive Board | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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